Our Chapter 13 Bankruptcy lawyers will help you gain control of your finances.
If you’ve found this page, you probably know that you need some financial help. Our Chapter 13 bankruptcy attorneys know that good people need help sometimes. What you might not know is that even when you’re down on your luck, you have options. Let our Las Vegas bankruptcy lawyers help you understand how Chapter 13 bankruptcy works and what your best options are under Nevada law.
Discharge Debt With Our Chapter 13 Bankruptcy Lawyers in Las Vegas
When you work with our experienced legal team, we examine your entire situation. We make sure you choose the best possible path to financial recovery. If filing for Chapter 13 bankruptcy is the best option for you, we make sure that you understand why it’s the best plan given your circumstances. At each stage in the case, we work with you to help you understand the legal process. We work aggressively to pursue your right to financial freedom under Nevada law.
Why We’re the Best Chapter 13 Bankruptcy Attorneys in Las Vegas
Our devotion to the law and our personalized approach is what sets us apart. We begin by mastering Nevada bankruptcy law. Whatever your circumstance, we want to apply the law to your advantage, so we know the law, inside and out. Our bankruptcy services start with our passion for knowing the law thoroughly with an eye towards helping our clients to the fullest extent of the law.
Next, we provide outstanding legal services because we have a passion for people. Every client is unique, and our representation should be as unique as you are. We work down to the small points in the law to craft a legal course of action that’s calculated to help you get the best possible results. We know that you’re more than just your financial situation. You can expect us to be available when you have questions. We consider ourselves your advocates and your teammates as we work together to get you a fresh start.
What Is a Chapter 13 Bankruptcy?
Chapter 13 bankruptcy allows you to catch up on some of your debts and discharge other debts. If you have a steady income, a Chapter 13 bankruptcy allows you to get rid of the debts you can’t pay while keeping the things that are the most important to you. You make payments for a period of three or five years. Once you finish your payments, your qualifying debts are discharged, and you have the fresh start that you deserve.
Filing for Chapter 13 bankruptcy may be your best option if you have a steady income. You use your monthly income and your expenses to calculate a monthly payment amount. That payment gets divided among your debts. If you have secured debts, like a mortgage or a car payment, you can use these monthly payments to get current on your debts and keep these items. For non-secured debts like credit card debts, you can use the monthly payments to pay some of what you owe. Then, when your Chapter 13 payment period is complete, your non-secured debts are wiped clean.
Should I File for Chapter 13 Bankruptcy in Nevada?
Our bankruptcy attorneys can help you determine if a Chapter 13 filing is right or you. If you qualify to file a Chapter 13 case, there are some advantages over a Chapter 7 proceeding that you may want to take advantage of.
In a Chapter 13 proceeding, you can save your home from foreclosure. Even if you’re behind on your mortgage payments, a Chapter 13 bankruptcy filing can halt the foreclosure process and give you time to catch up. There are other benefits to filing a Chapter 13 proceeding if you qualify. We can help you understand all the options.
How Does Chapter 13 Bankruptcy Work in Nevada?
A bankruptcy filing under Chapter 13 works to make your debt payments manageable based on your income. You start by looking at your income. Then, you determine how much you can afford to pay.
You calculate your expenses based on a combination of what your actual expenses are and what typical monthly expenses are in your area for allowed categories of expenses like utilities. You factor in secured debts like your mortgage and your car payment so that you can get caught up. Then, you put your remaining, disposable income towards paying some of your unsecured debts. When you pay a portion of your unsecured debts for the payment period, you can discharge the rest of your debts with a clean slate.
How Do I File for a Chapter 13 Bankruptcy in Las Vegas?
You file for Chapter 13 bankruptcy by bringing a petition to the bankruptcy court. The petition tells the court that you’re seeking Chapter 13 bankruptcy protection. You must file paperwork that details your debts, assets, income, and expenses. The court looks at the entire financial picture from the time period before you begin your case. You provide tax returns so that the court has a clear view of your financial situation. If you’re married, you may file together.
Our bankruptcy lawyers can help you evaluate all the options. A trustee oversees the case, and there will be a meeting of the creditors to verify your debts and develop a payment plan that’s both reasonable and appropriate under Nevada law. Although a bankruptcy proceeding can seem overwhelming, it doesn’t have to be. Our experienced Las Vegas bankruptcy lawyers can help you each step of the way.
Work With Our Attorneys for Bankruptcy in Las Vegas
When you file for bankruptcy in Las Vegas, we’re with you every step of the way. From your initial consultation to your final hearing, we want to help you succeed in restructuring your finances and moving forward.
When you work with our Las Vegas bankruptcy lawyers, you can expect a skilled, enthusiastic team that works with you to educate you in the law and help you reach your goals in the best possible way. If you want to be done drowning in debt, call us. It’s free to call and talk to our legal team. Contact us today.
“I’ve had a very positive experience at this office for my Chapter 13 filing. From the office manager to the attorney, everybody has been kind. But the real powerhouse behind the BK expertise is their paralegal Rebecca. Rebecca has always been available for me and is especially fast on email replies. She knows her stuff. Highly recommended!” – Kelly C.